Funding you earn now, next payment 07:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h −0.011%
Price spread now: tradeXYZ against Lighter−0.026%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.026%, 7d avg 0.000%
=Together, before fees−0.073%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.025% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PLTR | 183.16 | 0.0032 | pay 0.0004% / 1h | 25m 32s | $184K | $253K | 10x |
| Short | tradeXYZ xyz:PLTR | 183.11 | −0.0042 | pay 0.0005% / 1h | 25m 32s | $12.1M | $6.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.46
- Price spread: −0.026% → 0.000%
- −$2.53
- Slippage, 4 orders
- −$9.03
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$45.02
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 65 min ago; tradeXYZ: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 65 min ago | 1.67 bp | 2.9 bp −$3 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.55 bp | 11.8 bp −$12 | 14.8 bp −$148 | doesn't fit | doesn't fit |
PLTR on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps PLTR-USD | −0.0117% | 1h | 183.04 | −0.064% | $215K | $677K | 10x | as long as short |
| tradeXYZ xyz:PLTRshort | −0.0042% | 1h | 183.11 | −0.026% | $12.1M | $6.3M | 10x | |
| Aster PLTRUSDT | 0.0000% | 8h | 183.42 | +0.146% | $61K | $44K | 50x | as long as short |
| Extended PLTR_24_5-USD | 0.0000% | 1h | 183.19 | +0.017% | $303K | $854K | 10x | as long as short |
| Binance PLTRUSDT | 0.0000% | 8h | 183.24 | +0.045% | $8.9M | $30.6M | 20x | as long as short |
| Bybit PLTRUSDT | 0.0000% | 8h | 183.24 | +0.045% | $2.9M | $2.5M | 25x | as long as short |
| OKX PLTR-USDT-SWAP | 0.0000% | 8h | 183.30 | +0.078% | $1.7M | $2.3M | 20x | as long as short |
| Gate PLTR_USDT | 0.0000% | 8h | 183.20 | +0.023% | $340K | $739K | 50x | as long as short |
| Bitget PLTRUSDT | 0.0000% | 8h | 183.18 | +0.013% | $3.3M | $3.0M | 20x | as long as short |
| Variational Omni PLTR | 0.0000% | 8h | 183.28 | +0.066% | $738K | $225K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PLTR_USDT_Perp | 0.0000% | 8h | 183.28 | +0.067% | $15K | $647K | 10x | as long as short |
| QFEX PLTR-USD | +0.0022% | 1h | 183.15 | −0.004% | $1.2M | $2.2M | 10x | as long as short |
| Lighter PLTRlong | +0.0032% | 1h | 183.16 | long leg | $184K | $253K | 10x | |
| Lighter RH PLTR | +0.0032% | 1h | 183.20 | +0.023% | $364K | $594K | 10x | as long as short |
| Injective PLTR/USDC PERP | +0.0033% | 1h | 181.69 | −0.801% | $1K | $42K | 30x | as long as short |
| Arcus PLTR-USD | +0.0040% | 1h | 183.21 | +0.029% | $86K | $47K | 10x | as long as short |
| Vest PLTR-USD-PERP | +0.0046% | 1h | 183.32 | +0.089% | — | $124K | 25x | as long as short |
| SoDEX PLTR-USD | +0.0050% | 1h | 183.24 | +0.045% | $52K | $3K | 10x | as long as short |
| Ondo Perps PLTR-USD.P | +0.0050% | 1h | 183.24 | +0.045% | $351K | $1.8M | 10x | as long as short |
| Hotstuff PLTR-PERP | +0.0064% | 1h | 183.10 | −0.031% | $29K | $10K | 20x | as long as short |
| Phoenix PLTR | +0.0087% | 1h | 183.07 | −0.048% | $30K | $93K | 10x | as long as short |
| Pacifica PLTR | +0.0100% | 1h | 183.16 | +0.003% | $193K | $15K | 10x | as long as short |
| KuCoin PLTRUSDTM | +0.0100% | 8h | 183.12 | −0.020% | $1.0M | $50K | 20x | as long as short |
| ApeX Omni PLTRUSDT | +0.0100% | 1h | 183.22 | +0.034% | $3K | $8K | 50x | as long as short |
| Aevo PLTR-PERP | +0.0104% | 1h | 183.26 | +0.058% | $90 | — | 10x | as long as short |
| BloFin PLTR-USDT | +0.0120% | 8h | 183.38 | +0.122% | $124K | $249K | 20x | as long as short |
| edgeX PLTRUSDC | +0.0455% | 4h | 183.30 | +0.079% | $42K | $263K | 10x | as long as short |
Lighter PLTR
tradeXYZ xyz:PLTR
Polymarket Perps PLTR-USD
Aster PLTRUSDT
Extended PLTR_24_5-USD
Binance PLTRUSDT
Bybit PLTRUSDT
OKX PLTR-USDT-SWAP
Gate PLTR_USDT
Bitget PLTRUSDT
Variational Omni PLTR
GRVT PLTR_USDT_Perp
Lighter RH PLTR
Injective PLTR/USDC PERP
SoDEX PLTR-USD
Phoenix PLTR
Pacifica PLTR
KuCoin PLTRUSDTM
ApeX Omni PLTRUSDT
BloFin PLTR-USDT
edgeX PLTRUSDC